In 2017 Avdiivka Coke and Chemical Works increased net profits 3.52-fold, to 2.851 billion UAH.
According to the company statement, its undistributed profits as of late 2017 totaled 7.16 billion UAH.
The company current liabilities grew by 21%, to 12.925 billion UAH, fixed liabilities – by 7%, to 874.15 million UAH, and consolidated accounts receivable – by 40.6%, to 16.545 billion UAH.
The cost of the assets increased by 26.4%, to 24.39 billion UAH.
The meeting of the shareholders scheduled for April 27 will decide on the profit distribution. In particular, the shareholders will be offered to spend 1.89 billion UAH to pay dividends and leave 961 million UAH undistributed. (Ukrainian metal)